CryptDude

CryptDude

WOW! BTC - Old Logarithmic Discovery - on the Daily The heading will be relevant IF Price consolidates or continues down over the next 5-7 Days... But do read the rest of my observation... I opened an old log chart I hadn't looked at that had a Fib Extension I had drawn back in Feb 2021. I was amaze how well the 1 Fib aligned with the recent ATH before BTC...

CryptDude

Several Key points of Historical Support and Resistances to be aware of I believe we can find support around the weekly neckline of the potential future Head and Shoulders... BUT I also believe the Market Makers enjoy pushing the envelope of "market pain" sometimes to initiate as much liquidity as they can, in order to accumulate before letting the market go...

CryptDude

The Ultimatum Just sayin'...

CryptDude

ETH on the Daily - The Falling Wedge we broke out of is an obvious support around $3100 range. - BUT it's not unusual to see support around the .236 Fib under the right conditions, and that happens to be right around the POC support on the VPVR, around $3230 - keeping an eye on the Daily volume would be prudent - Bearish DIV on the RSI - BUT...

CryptDude

Bitcoin DAILY CHART UPDATE It appears that the Daily has a battle going on between the current Candle Chart price resistance , and some VERY bullish momentum readings... Inquiring minds want to know... Details are in the Chart, so expand and read Be safe out there Gang!!

CryptDude

***DAILY H&S (Head & Shoulders - Bearish Pattern)?? *** Take this serious, gang... Folks who know me, know how I'm always on an endless hunt for potential H&S's... Follow my logic on this one for a minute... I'm not just arbitrarily drawing humps willy nilly... - The start of the last shoulder can be either around here (if we pivot) or at the following... ...

CryptDude

***This is what I've been watching on the DAILY - For Bitcoin... *** @everyone - 15 Hours are left in this daily candle... - If we maintain upward momentum in the next 6hr-to-8hr candle - ...and if we manage to bounce and hold above the green box... - The next goal will be to cut up through the 2 red boxes above. - If the Daily can't stay within this Rising...

CryptDude

A friend sent me down the road of looking at the spider charts again, and and kind of spotted something on the 6 DAY Broad View, that has nothing to do with the current situation of course; but it is intriguing, as well as frightening perhaps to some who don't protect their assets with Stop Losses... This is somewhat of a "what IF" type of scenario... Against...

CryptDude

With ADA being below the VWAP, I'm reserving the other half of what I plan to DCA into it until I see how this plays out... HVP indicator is looking interesting too; like something is building up, like a major move up or down... Indications are 'down' or questionable at best... Fibonacci from peak to bottom in this range, we've only penetrated the Golden Pocket...

CryptDude

XRP 4 HOUR - Post Mortem Analysis and SR Observation I'd venture to say that presently, XRP has broken out of both the macro and micro Falling Wedges... Currently it's trying to confirm a breakout from the iH&S below, which followed the Wedges. And price is just over 3% from some major resistance... So for those who are just now paying attention; MYSELF...

CryptDude

6 HOUR CHART Projection I believe if BTC were really going to finish off shaking the smaller fish out, it would've perhaps fallen out of this falling wedge by now, but I could be wrong. I will have to respect what the Fib is saying too, with regard to where we are right now. Price has not been able to break back up into the Golden Pocket Fib of the last...

CryptDude

Overdue Volatility on Its Way - Which Way Will it Go??? Chart explains itself...

CryptDude

Bitcoin 68 Day Outlook - Based on the possibility of what analysts and economists are saying may be the greatest market crash and depression of our lifetime, come March or April - I had this chart drawn and the arrows of potential direction drawn before Bitcoin broke out above the Rising Wedge - all of the other Trend Lines and Notations speak for...

CryptDude

Testing the Falling Wedge Resistance. Will Mr. Elon Musk's Twitter profile update help push it up again?

CryptDude

We are in a clear Falling Wedge after 3 day of being in a Descending Broadening Wedge. The thick Pink lines are the boundaries. You will also note that the Fib to the right was drawn from the All Time Hight to the last bottom. I proves interesting that the .618 Fib by that measurement is almost exactly at 37k as well. My Prognosis If we do not confirm above the...

CryptDude

After taking a full analysis of like directions and considering all the different trigger points with regard to the Simple Moving Averages and the overall market sentiment; This chart clearly displays solid data that is conditional to whichever direction the market decides to take. At current, it appears that if BTC is in a strong down trend headed toward the 6k...